General Procurement Notice For Provision Consulting Services Technical Assistance For Setting Up An Integrated Information System For The Supervision And Regulation Of Participation Banks

General Procurement Notice for Provision Consulting Services Technical Assistance for Setting up an Integrated Information System for the Supervision and Regulation of Participation Banks The Moroccan banking system is undergoing a significant transformation with the emergence of participation banks, presenting new challenges and opportunities for effective supervision. This technical assistance aims to strengthen BAMs capacity to oversee and regulate the financial sector, including participation banks, by enhancing its information system. The project will include the following components: Component A - Consultancy Services: Redesigning and optimizing the regulatory reporting of the banking system, with a focus on developing specific reports tailored to participation banks. Component B - Consultancy Services: Conducting a study and providing recommendations on the most suitable technological standards for remittance of the reporting, taking into account Moroccos unique context and relevant benchmarks. Component C - Change Management Support: Delivering comprehensive support to facilitate a smooth transition, including communication, training, and skill transfer to internal BAM teams and reporting entities. By upgrading its information system for supervision and regulation, BAM will be better equipped to monitor and guide the development of the financial sector, ensuring the stability and integrity of the banking system while fostering the growth of Islamic finance in Morocco. The selection method for the above-mentioned Consultancy Services under the subject grant will be based on the Quality and Cost-Based Selection (QCBS) method using international shortlisted firms. Consulting services financed by the Islamic Development Bank will be selected in accordance with the Guidelines for the Procurement of Consultancy Services under Islamic Development Bank Project Financing (April 2019, revised in February 2023) and is open to all eligible bidders as defined in the guidelines. [Disclaimer: The above text is machine translated. For accurate information kindly refer the original document.] Tender Link : https://www.isdb.org/project-procurement/tenders

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